NSE:DABUR Cup & handle formation on daily time-frame , with a breakout above the neckline. One should buy the stock & add on dips . Happy Trading
Self Explanatory! This is NOT a trade Recommendation. Its for learning purposes with the community. Please use discretion. Your Money, Your Risk and Your Responsibility. Comments are welcome
dabur chart analysis for intraday and swing trading
Strong Fundamentals good for longrun, portfolio pick Technically Breakout on Charts Cup n Handle pattern Looks good for initial Tgts of 600 620 640++ SL 560
CUP & Handle formation also retest after breakout on daily candle for knowledge purpose only trade at your own risk
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NSE:DABUR has formed Cup and Handle on Daily and right now accumulation is going on. It will rally further on break of the channel
DABUR CUP$HANDLE PATTERN BREAKOUT WITH GOOD GREEN CANDLE.IT MAY TAKE RE TEST FROM BREAKOUT AND BOUNCE BACK.
Given a good breakout with good volumes after forming a bullish pattern! Can enter now or wait for a confirmation candle! CMP= 589.75 TGT1- 613.85 TGT2- 631.85 TG3- 644.70 SL- 561.55
CUP AND HANDLE BREAKOUT ON DAILY WITH VOLUME RSI ABOVE 60 ENTRY - 592 SL -570 , TARGET 650
Dabur India had a bullish breakout from its channel pattern and also it's in an all-time high, so give an entry with appropriate Stop loss 🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give...
Note: This is for educational purpose only. Please do not trade in F&O based on this analysis. There seems to be a bullish Cup & Handle pattern breakout in Dabur with good volume. Moreover, Dabur is performing as compared to Nifty. There seems to be RSI bullish breakout. RSI is at 68 indicates bullish momentum. SL: ₹560
Dabur has given good breakout with good volume intensity One can go long with mentioned key levels, All key levels are mentioned in chart along with stoploss and targets Key levels Daily time frame chart pattern cup n handle breakout MACD in Daily uptick MACD in hourly positive DMI ADX Daily time frame DMI ADX Hourly time frame Upper BBC Hourly RSI...
Positional Trade: Dabur India has broken out of a cup and handle pattern with simultaneous spurt in volume. Buy: Dabur India CMP: 586 Target 1: 620 Target 2: 635 Stop Loss: 570 Holding Period: 1 Month
Classic cup & handle formation on daily time frame , with a breakout above the neckline of 579. One should buy the stock on cmp i.e. 585 & add on dips . Maintaining a SL of 562 target for the region of 612 as a first tgt & 640 for the second tgt.